Robinhood Launches Perpetual Futures on Gold, Oil, QQQ in Europe

Robinhood has launched perpetual futures on gold, silver, crude oil, QQQ, EUR/USD, Brent crude, and EWY for eligible European users. The contracts offer leverage up to 10x and carry no expiry date, letting traders hold leveraged positions as long as margin requirements are met.

Robinhood said perpetual futures had become one of its fastest-growing products in the EU after its crypto launch. The new rollout extends that format to traditional assets, adding commodity, ETF, and FX perpetuals to a product line previously focused on crypto.

The shift introduces risks that crypto perp traders know well. Funding rates, which rebalance the cost of holding long or short positions, can swing sharply when the market moves. On crypto perps, a sudden funding spike can wipe out inexperienced traders. Robinhood has not disclosed how funding will be calculated for its tradFi perps. The company said margin and risk controls are built into the platform.

The QQQ perpetual offers leveraged access to the Nasdaq-100 through the Invesco QQQ Trust, Series 1. According to AlphaScala data, QQQ carries an Alpha Score of 44 out of 100, a "Mixed" label that reflects inconsistent momentum and mixed technical signals. The perpetual contract gives European users a new way to express a directional view on the tech index without managing options or futures expiry. You can track QQQ's signals on its QQQ stock page.

The broader product reveal in London included Robinhood Chain, an Arbitrum-based Layer 2 designed for tokenized real-world assets. Robinhood Chain's testnet processed 4 million transactions in its first week, the company reported earlier. Stock Tokens are now available through Robinhood Wallet in more than 120 countries, allowing 24/7 trading on Robinhood Chain and use in DeFi lending pools and collateral markets. For more on how tokenized stocks work and their legal caveats, see our earlier piece: Robinhood Tokenized Stocks: Economic Exposure, No Ownership.

Robinhood Earn has started rolling out to eligible U.S. users. The product lets users lend dollar-backed USDG stablecoins through a self-custody wallet for an estimated 7% APY. Lending infrastructure is powered by Morpho and supported by Steakhouse, Ethena, Spark, and Maple.

AI trading accounts are coming to crypto. Eligible U.S. users will be able to connect an AI model to Robinhood data and tools through its Trading MCP. Robinhood said users retain control over capital allocation and safety limits. The company had already opened the door to AI agents in May with AI-enabled trading tools; the latest update moves that closer to actual digital asset execution.

Robinhood also changed fees for eligible professional and advanced crypto traders in the U.S. Maker order types now allow fees as low as 0%, depending on volume. The move puts pressure on other retail-focused exchanges to match.

The company now serves nearly 28 million customers across 38 countries. It plans to launch crypto trading in the U.K. soon, and its Singapore unit has received a capital markets services license from the Monetary Authority of Singapore.

Robinhood stock recently decoupled from Bitcoin as investors priced in growth from prediction markets, AI tools, and international expansion. The new product lineup is a bet that decoupling continues.